House Democrats Pull Back On Student Loan Forgiveness
House Democrats Pull Back On Student Loan Forgiveness

Politico is reporting that House Democrats are scaling back their efforts to provide student debt relief.

A new amendment to the HEROES Act would limit relief for people who had been in dire financial straits before March 13.

March 13 is the day President Trump declared a national emergency.

The initial provision to forgive up to $10,000 in student loans was projected to cost between $250 billion and $300 billion.

Business Insider reports that figure is more than Democrats had expected.